Navigator Gas Announces Signing of Non-Binding Letter of Intent for Sale of Eight Gas Vessels and its Shareholding in Unigas Joint Venture

15 Apr 2026 08:01 CEST

LONDON, April 15, 2026 – Navigator Holdings Ltd. (“Navigator Gas” or the
“Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of
handysize liquefied gas carriers, today announces that yesterday, April 14, it
signed a non-binding letter of intent with Bernhard Schulte (Singapore) Holdings
Pte. Ltd. (“Bernhard Schulte”) and Sloman Neptun Schiffahrts-Aktiengesellschaft
(“Sloman Neptun” and, together with Bernhard Schulte, the “Buyers”) for the sale
by the Company to the Buyers of eight gas carriers (the “Vessels”) as well as
the Company’s shareholding in the Unigas International B.V. joint venture (the
“Unigas Pool”), which currently commercially manages the Vessels, for an
aggregate purchase price of approximately $183 million (the “Proposed
Transaction”).

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670634_Navigator Holdings Ltd. - Press Release (15 April 2026).pdf